1506 - 111 CHAMPAGNE AVENUE S, Ottawa

$299,000

For sale: Apartment

Apartment at 1506 - 111 CHAMPAGNE AVENUE S, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
699 sqft
MLS®
MLS® X13517512
Neighbourhood
4502 - West Centre Town

**PAYING OUT 3% Welcome to SoHo Champagne in the heart of Little Italy. Designed by Brian Gluckstein, this stylish condo offers a luxurious, hotel-inspired lifestyle with hardwood floors throughout, a spacious bedroom, in-suite laundry, 1 underground parking space, and a storage locker. Floor-to-ceiling windows fill the space with natural light, while the private balcony extends your living area outdoors. Enjoy premium amenities, including a fitness centre, theatre room, party room, and an outdoor terrace with a hot tub and BBQs. Ideally located steps to Preston Street, Carling Avenue, top restaurants, cafés, shops, transit, Dow's Lake, and more. Excellent investment opportunity: Currently rented month-to-month to an exceptional tenant at $2,175/month (utilities included). 623 sq. ft. total (582 sq. ft. interior + 41 sq. ft. balcony).

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 60, across 324 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $399,900.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$399,900
Sale-to-list ratio
97.3%
Sold above asking
7%

Based on 324 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1506 - 111 CHAMPAGNE AVENUE S